Analysis of Good Corporate Governance Principles as an Effort to Prevent Financial Fraud at the Postgraduate Program of Sam Ratulangi University

Sebastian Yefta Pinaria; David P. E. Saerang; Syermi S.E. Mintalangi

doi:10.55927/fjmr.v3i9.11405

Authors

Sebastian Yefta Pinaria Accounting Department, Faculty of Economics and Business, Sam Ratulangi University
David P. E. Saerang Accounting Department, Faculty of Economics and Business, Sam Ratulangi University
Syermi S.E. Mintalangi Accounting Department, Faculty of Economics and Business, Sam Ratulangi University

DOI:

https://doi.org/10.55927/fjmr.v3i9.11405

Keywords:

Good Corporate Governance, Financial Fraud

Abstract

Good Corporate Governance (GCG) is a set of principles aimed at enhancing transparency, accountability, and fairness in organizational management, particularly in financial contexts. Financial fraud is unethical and illegal conduct by individuals or groups to gain personal benefits at the expense of others. This study aims to analyze the application of GCG principles as an effort to prevent financial fraud in the postgraduate program at Sam Ratulangi University. The research method used is descriptive qualitative with an interview approach. Data were collected through interviews, observations, and document studies. The results show that the implementation of GCG principles at the Sam Ratulangi University postgraduate program has been quite good, but there are still some obstacles that need to be overcome to improve its effectiveness. The implementation of GCG principles has been able to increase transparency and accountability in financial management, as well as help in preventing financial fraud. This study provides recommendations to strengthen internal supervision and continuous training for stakeholders to improve understanding and application of GCG principles.

Downloads

Download data is not yet available.

References

ACFE Indonesia. (2020). Survei Fraud Indonesia. Jakarta : ACFE Indonesia

ACFE. (2020). Reports to the Nations 2020 Global Study on Occupational Fraud. Association of Certified Fraud Examiners.

Adnyani, N. S., Endiana, I. D. M., & Arizona, P. E. (2020). Pengaruh Penerapan Good corporate governance dan Corporate Social Responsibility terhadap kinerja Perusahaan. Jurnal Kharisma, 2(2), 228–249.

Agung, A. E. Y., N. K. Muliati, & N. P. Y. Yuliantari. (2023). Pengaruh Tekanan Finansial, Budaya Organisasi, Dan Pengendalian Internal Terhadap Kecenderungan Kecurangan Anak.

Ahma, P. (2022). Pengaruh Persepsi Kesesuaian, Sistem Internal Kontrol, dan Penerapan Good Corporate Governance Terhadap Kecurangan Akuntansi Pada PT. Bank Permata, TBK. Jurnal Akuntansi Audit dan Perpajakan Indonesia (JAAPI), 3(1), 283-291IT

Almas, M., & Almas, B. (2023). Analisis Penerapan Good Corporate Governance Dalam Pengelolaan Zakat Pada Laznas Yatim Mandiri Jember. Jurnal Ilmu Administrasi Bisnis, Volume 6, No. 2, Desember 2023 (ISSN: 2777-0192(e)), 156–177. https://doi.org/10.29103/njiab.v6i2.14014

Andayani, W., & Wuryantoro, M. (2023). Good Corporate Governance, Corporate Social Responsibility and Fraud Detection of Financial Statements. International Journal of Professional Business Review.

Ardasari, D. S., A. Yamin, D. A. Hasri. 2023. Analisis Gaya Pengaruh Kepemimpinan Terhadap Penerapan Good University Governance di Universitas Teknologi Sumbawa. Prosiding Seminar Nasional.

Arens, A. A., Elder, R. J., Beasley, M. S., & Hogan, C. E. (2017). Auditing and Assurance Service : An Integrated Approach . Sixteenth Edition. Boston : Pearson.

Ariastuti, M. N. M., Andayani W., R. D. A., & Yuliantari, N. P. Y. (2020). Pengaruh Pengendalian Internal, Moralitas Dan Penerapan Good Corporate Governance Terhadap Pencegahan Fraud Pada Lpd Se-Kecamatan Denpasar Utara. Jurnal Hita Akuntansi Dan Keuangan, 1(2), 798–824. Retrieved From Https://Ejournal.Unhi.Ac.Id/Index.Php/HAK/Article/View/1010

Asterina, L. C. (2021). Evaluasi Sistem Pengendalian Internal Atas Piutang Usaha Di PT. Samudera Gemilang Plastindo. STIE PGRI Dewantara

Bahri. (2021). Akuntansi Biaya . Edisi Pertama. Penerbit Andi Yogyakarta. Chapter.

Dandriansyah, M., Suryani, E., & Murti, G. T. (2023). Pengaruh Audit Internal Dan Efektivitas Pengendalian Internal Terhadap Pencegahan Kecurangan (Studi Kasus Pada PT. Perkebunan Sumatera Utara). JIBR: Journal of Indonesia Business Research, 1, 25–32. https://doi.org/10.25124/logic.v1i1.6432

Dewi, G.K., Basyir, A., Bisnis, T.D., Dahlan, A., & Kunci, K. (2023). Pengaruh Penerapan Good Corporate Governance Terhadap Kinerja Keuangan. Jurnal Akuntansi dan Keuangan Syariah - ALIANSI.

European University Association. (2020). University autonomy in Europe IV: The scorecard. Retrieved from https://eua.eu.

Felix, H.M., & Bayangkara, I.B. (2022). Analisis Penerapan Good Corporate Governance Dalam Mengawal Tata Kelola Perusahaan (Studi Kasus pada PT. Perkebunan Nusantara XI). Widya Balina.

Fernandhytia, F., & Muslichah, M. (2020). The Effect of Internal Control, Individual Morality and Ethical Value on Accounting Fraud Tendency. Media Ekonomi dan Manajemen, 35(1), 112-127.

Harahap, J. P. R. (2021). Analisis Pencegahan Kecurangan Akuntansi Dalam Mengelola Dana Desa Melati Di Kecamatan Perbaungan. Jurnal Riset Akuntansi Dan Bisnis, 21(1), 32–45. https://doi.org/10.30596/jrab.v21i1.6392

Herawaty, N., & Hernando, R. (2021). Analysis of Internal Control of Good Corporate Governance and Fraud Prevention (Study at the Regional Government of Jambi City). SRIWIJAYA INTERNATIONAL JOURNAL OF DYNAMIC ECONOMICS AND BUSINESS.

Ikatan Akuntansi Indonesia. (2017). Workshop Forensic Accounting VS Investigative Audit. Jakarta

Indraswari, & Yuniasih. (2022). Pengaruh Bystander Effect dan Tekanan Finansial Terhadap Kecenderungan Kecurangan Akuntansi (Fraud) di Lembaga Perkreditan Desa (LPD) se-Kecamatan Mengwi.

Institut Akuntan Publik Indonesia (IAPI). (2022). Standar Profesional Akuntan Publik: Standar Audit (SA) 240. Revisi kedua. Jakarta: Salemba Empat.

International Association of Universities. (2019). Affirming academic values in international higher education: A call for action. Retrieved from https://iau-aiu.net.

Kieso, D.E., Weygandt, J. J., dan Warfield, T. D. (2019). Intermediate Accounting IFRS 4th Edition. Jakarta : Salemba empat

Krisniawan, H., Mutaqin, M.I., & Khoerulloh, A.K. (2023). Pengendalian Internal dan Good Corporate Governance: Upaya Pencegahan Fraud pada Perumda BPR Majalengka. Brainy: Jurnal Riset Mahasiswa.

Kurnia Rahayu, (2020). Prinsip Dasar Akuntansi Pajak.Salemba Empat.

Lestari, I. A. M. E., & Putu Cita Ayu. (2021). Pengaruh Moralitas Individu, Komitmen Organisasi Dan Whistleblowing System Terhadap Pencegahan Kecurangan (Fraud) Dalam Pengelolaan Keuangan Desa ( Studi Empiris Pada Desa Se-Kecamatan Mengwi). Hita Akuntansi Dan Keuangan Universitas Hindu Indonesia, 101–116.

Lestari, P. S. A., & Sudarno. (2019). Mendeteksi dan Memprediksi Kecurangan Laporan Keuangan: Keefektivan Fraud Triangle yang Diadopsi dalam SAS No. 99. Diponegoro Journal of Accounting, 8(4), 1-12. https://ejournal3.undip.ac.id/index.php/accounting/article/view/25664

Megasyara, I., & Imawan, A. (2023). Implementasi Good Government Sebagai Upaya Pencegahan Fraud Dalam Pengelolaan Keuangan Desa. Jurnal Reviu Akuntansi dan Keuangan.

OECD. (2021). Higher education governance in OECD countries. Retrieved from https://www.oecd-ilibrary.org.

Peraturan Menteri Badan Usaha MIlik Negara (BUMN) Nomor Per-01/MBU/2011 Pasal 3 tanggal 01 Agustus 2011

Pratiwi, N.R., & Indriani, P. (2023). Pengaruh Audit Internal terhadap Penerapan Good Corporate Governance pada PT.Bank Mandiri Persero Tbk KCP Sudirman Palembang. Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah.

Prayoga, M. A., & Sudarmaji, E. (2019). Kecurangan Laporan Keuangan dalam Prespektif Fraud Diamond Theory: Studi Empiris pada Perusahaan Subsektor Transportasi di Bursa Efek Indonesia. Jurnal Bisnis dan Akuntansi, 21(1), 89- 102. https://doi.org/10.34208/jba.v21i1.503

Putra, A. I. P., & Roni, M. (2021). Good Governance Dalam Lingkungan Pendidikan Tinggi ( Good University Governance ). Al – Idarah : Jurnal Kependidikan Islam, 11(2), 226- 236 http://www.ejournal.radenintan.ac.id/index.php/idaroh/article/view/10065/4840

Rifai, M. H., & Mardijuwono, A.W. (2020). “Relationship between auditor integrity and organizational commitment to fraud prevention”. Asian Journal of Accounting Research. 5 (2), 315-325.

Satria, N., & Puri maharani, A.E. (2023). Penerapan Good Corporate Governance Dalam Regulasi Badan Usaha Milik Desa. Res Publica: Jurnal Hukum Kebijakan Publik.

Sitorus, F.O., Khairiyah, I., & Nasution, S.J. (2023). Penerapan Good Corporate Governance (GCG) terhadap Kinerja PT. Bank Rakyat Indonesia (Persero) Tbk. VISA: Journal of Vision and Ideas.

Sudjono, A.C. (2023). Do Good Corporate Governance and Whistleblowing Systems in Bank Industry Effectively Support Fraud Detection and Prevention? Asia Pacific Fraud Journal.

Sulaeman, I. Nurodin & Yuniarti, E. (2023). Implemetasi Prinsip-Prinsip Good University Governance Dalam Pengelolaan Aste Universitas Muhammadiyah Sukabumi.

Sulaiman, S. N., Morasa, J., & Gamaliel, H. (2021). Pengaruh Good Corporate Governance Terhadap Kinerja Perusahaan Consumer Goods Industry Yang Terdaftar di BEI. Jurnal EMBA (Vol. 9, Issue 1, pp. 470–484).

Susanto, Iqbal, M., & Subarto (2022). Fraud Prevention Efforts In Managing Village Funds In Accordance With Aspects of Human Resource Management with Transparency Principles. International Journal of Economics, Business, and Entrepreneurship.

Triningsih, C., Rokan, M.K., & Ilhamy Nasution, M.L. (2023). The Effect Of Internal Audit System And Implementation Of Good Corporate Governance On Fraud. I-Finance: a Research Journal on Islamic Finance.

UNESCO. (2020). Accountability in higher education: Global perspectives. Retrieved from https://unesdoc.unesco.org.

Utami, D., & Haliyah, A.I. (2021). ”The Effects Of E-Procurement Implementation And Integrity to Fraud Prevention Against The Government Procurement Of Goods / Services Fraud With Intention As The Moderating Variable On The Government Of Makassar City”. Quest Journals Journal of Research in Business and Management, 8(7). 11-20.

Wanane, Y. I. (2023). GCG Pada Bank Papua. Journal of Economics and Business UBS, Vol. 12 No.5 (e-ISSN: 2774-7042 p-ISSN: 2302-8025).

Widiantari, & Sudiana. (2023). Pengaruh Bystander Effect, Efektivitas Pengendalian Internal dan Tekanan Finansial Terhadap Kecenderungan Kecurangan Akuntansi Pada Lembaga Perkreditan Desa.

World Bank. (2019). Improving transparency and accountability in higher education. Retrieved from https://openknowledge.worldbank.org.

Yanti, Muliati, & Yuliantari. (2023). Pengaruh Tekanan Finansial, Budaya Organisasi, Dan Pengendalian Internal Terhadap Kecenderungan Kecurangan Akuntansi.

Yusuf Ansori, D., & Kuntadi, C. (2022). Pengaruh Sistem Informasi Akuntansi, Sistem Pengendalian Internal dan Penerapan Good Corporate Governance dalam Upaya Pencegahan Kecurangan (Fraud). Jurnal Multidisiplin Indonesia.